Algomtl
svgfair.com
 
Detalle
China Materias primeras
Materias primeras

Vedanta faces protests at AGM over ethical record

DSC08554
The environmental and human rights record of the miner Vedanta Resources will be put under the spotlight during its annual meeting next week, when the India-based group will face protests from pressure groups and an attempt by activist shareholders to remove members of the board.
Vedanta, the world's biggest zinc producer, declined to comment yesterday on reports that the shareholder lobby group Pirc will propose the removal of Naresh Chandra, a non-executive director who chairs the London-listed group's health, safety and environment committee and its remuneration committee. Mr Chandra, a former Indian home secretary and ambassador to the United States, joined Vedanta's board in 2004. He was not available for comment yesterday.
Pirc, which also called on shareholders not to back the re-election of directors Euan McDonald and Aman Mehta, said: "The failure of the group to engage with explicit investor-led [environmental, social and governance] concerns over the impact of group activities... [is] evidence of a lack of competent oversight, in our view."Vedanta has consistently been attacked by a range of groups. Human rights and environmental organisations have criticised the company for its bauxite project in the Niyamgiri hills of eastern India's Orissa state. The local Dongria Kondh tribe argues that if the Indian government gives Vendanta's proposed mine a green light, their way of life will be lost. Pressure groups also complain that the project will be an environmental disaster.
Last year, the company's safety record was widely condemned after more than 100 workers were killed when a chimney collapsed at an aluminium plant in central India in which Vedanta has a 51 per cent stake through its subsidiary, Sterlite Industries. Vedanta had said the plant benefited from a "relatively low cost of operations and large and inexpensive labour and talent pools". Some of the company's biggest institutional investors, including Wellington Management Company and Standard Life Investments, refused to comment yesterday.
A clutch of non-corporate investors have sold their Vedanta shares in recent years, including the Joseph Rowntree Foundation, the Church of England and the Norwegian state pension fund. All blamed the company's ethical record. According to one analyst, the company "couldn't care less" about its reputation. However, in recent months, Vedanta has tried to reassure potential investors. Earlier this month, it published a 56-page document to accompany its annual report, which sought to highlight its social and environmental work.
Ubicación : SHICHEN ROAD, 300400 AITANTI,
Persona a contactar : tw aluminum, +15 0 22 12 77 19

Buen trato: comprar del vendedor

Visita nuestra guía para una transacción segura! En ningún caso Algomtl no se hace responsable de los anuncios. Sólo la responsabilidad del vendedor o del comprador en caso de litigio está involucrado.
Por favor, lea nuestras condiciones de uso. También puede visitar nuestras preguntas frecuentes y ver nuestra información sobre los riesgos relacionados con la falsificación.
Esta página es acerca de los importadores y exportadores de
Vedanta faces protests at AGM over ethical record

Buscar en la categoria : Materias primeras
Buscar en la categoria :
faces, vedanta, record, protests, over, ethical
Turquía TR-07000 B2B Servicios
Servicios de impresión en Turquía

Tuesday 12 May 2026

Imprentas en Turquía | Gráfico e Impresión de material para ferias y eventos en Estambul Ankara Antalya Izmir Bursa Bodrum | Impresión digital offset serigrafía bordados Turquía | Impresión de folletos carteles póster pancartas y lonas en Estambul | Empresa de impresión de productos...

Euroline International

Francia 528000 B2B Servicios
PVD Coated Stainless Steel Plate Sheet

Friday 05 January 2024

PVD (Physical Vapor Deposition) coated stainless steel plate sheet is achieved by depositing a thin layer of metal or compound on the stainless steel surface using a vacuum coating process. It creates a durable, decorative, and colored finish, commonly used in architectural and interior design...

Normandy Metal Industry Co., Ltd.

Francia 467000 B2B Servicios
EDM GRAPHITE BLOCK

Thursday 09 February 2023

EDM graphite blocks are becoming more and more popular among our customers. EDM graphite is a new material. In recent years, with the development of China's industry, remarkable achievements have been made in science and technology. It has become the theme of The Times to create...

Pingdingshan Wanhui Graphite Co., LTD

  • 467000 - Pingdingshan
  • 0375 6506966
  • 86 15539792960
 
Pago seguro

Informations

Les plus recherchés